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The Difference Between Pro and Amateur Traders

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Hey friend,

U.S. manufacturing PMI data came in this morning.

Tomorrow, we’ll see job openings data, followed by the latest jobless claims data on Thursday, the latest employment rate data on Friday (plus some Fed speeches).

It’ll be interesting to see if the markets can buck the negative seasonal trend for September.

The Daily Direction

Note: All indexes closed higher to end last week (and month) – pushing all index directions back upward. Will it be able to maintain this direction for the month?

The Daily Nugget

The ability to stick to a strategy is what separates the pros from the amateurs.

Amateurs run into a few losing trades, lose faith, and quickly abandon their strategy in favor of the next shiny object.

They never stick around long enough to build the foundations of long-term success – which is why most of them lose money trading.

The pros, on the other hand, know how to stick with a strategy.

They understand its edge, and they know losses are just part of the game. When they hit a losing streak, they tighten their stop losses and keep going.

They may decide to change the strategy later on – but only after enough time has passed, or if market conditions have changed.

But they know that sticking to a strategy is what allows them to build the foundation of a winning account.

Remember, pros win – amateurs lose.

If you want to win like a pro – act like one. And that starts with being able to stick with a strategy.

Of course, you need to also choose a proven strategy first.

And that’s why tomorrow afternoon at 3 p.m. Eastern…

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Last week, we sold several of these insider positions for 30–40% gains each – after holding them for just weeks or days.

That’s the power of following these corporate insiders, who hold an informational edge over almost anyone out there.

So make sure you click here to secure your spot for Ross’ insider masterclass tomorrow…

Where he’ll show you:

  • How to access the database containing the records of all these insider trades…
  • The subtle yet dangerous mistakes traders make when trying to follow these insiders…
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This strategy could allow you to profit even if the market falls in September…

So don’t miss out.

Click the link above, lock in your spot, and Ross will see you tomorrow at 3 p.m. ET tomorrow.

The Traders Agency Team

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